A lot of people I talk to seem to be cautiously optimistic about the real estate market and where it's headed this year. Keith Mullen, author of the hugely helpful blog, Lenders 360, recently posted his thoughts on lessons learned about distressed real estate from 2012 and his predictions for the real estate lending market in 2013. I've included only his list below, but I urge you to check out his blog (click on the link at the end of the list) for his brief discussions of each point.
Keith's Lessons from 2012:
- Realistic Expectations
- Regulators in No Big Hurry
- Loan Originators Paying Attention
Keith's Predictions for 2013:
- Better in Job Growth Markets
- The Same . . Just Less of It
- The New Jobless
[From Distressed Commercial Real Estate: Lessons from 2012 and Predictions for 2013]
Questions I'm pondering: Did lenders (and borrowers) really learn the right lessons from the challenging times since 2008? What are those lessons, and how have lending and borrowing practices changed as a result?
I'd love to hear your thoughts in a comment below.
Laura McClellan
Thompson & Knight LLP
1722 Routh Street, Suite 1500
Dallas, TX 75201
